2-bed · 1,100 sqftNo. 9 Tower Dubai Marina, Dubai Marina · 16th floor · completed 2017

1603, No. 9 Tower Dubai Marina

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 2.8M30 November 2024
Current rentAED 165K /yr12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, No. 9 Tower Dubai Marina

What is 1603 worth today?

Last sold for AED 2,800,000 in 2024

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30 Nov 2024SoldReady
AED 2,800,000AED 2,545 per sqft
12 Jan 2024RentedNew contract
AED 165,000/yr12 months · AED 150 per sqft
12 Jan 2024RentedNew contract
AED 165,000/yr12 months · AED 150 per sqft
20 Jul 2021RentedRenewal
AED 105,000/yr12 months · AED 96 per sqft
20 Jul 2020RentedNew contract
AED 105,000/yr12 months · AED 96 per sqft
1 Feb 2019RentedNew contract
AED 150,000/yr24 months · AED 137 per sqft
5 Jun 2014Sold by developerOff-plan
AED 2,539,368AED 2,308 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
2-bed apartment
Size
1,100 sqft
Floor
16th of 34
Parking
B3-49
Developer
Select Global Development
Completed
2017
Service charge
AED 17,000 /yr
Last sold
AED 2.8M · November 2024

About 1603, No. 9 Tower Dubai Marina

1603 is a two-bedroom apartment of 1,100 sqft on the 16th floor of No. 9 Tower Dubai Marina, a 34-storey tower in Dubai Marina completed in 2017 by Select Global Development. It last sold on 30 November 2024 for AED 2,800,000, or AED 2,545 per sqft, 19% above the AED 2,136 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 12 January 2024, is AED 165,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 17,000 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in No. 9 Tower Dubai Marina
2M3M2014201820222026Typical sale price by year: 2014 AED 2,148,195; 2015 AED 2,165,700; 2019 AED 1,850,000; 2020 AED 1,550,000; 2021 AED 1,649,000; 2022 AED 2,200,000; 2023 AED 2,430,000; 2024 AED 2,560,000; 2025 AED 2,794,000; 2026 AED 2,525,000Sold by developer, June 2014: AED 2,539,368 (AED 2,308 per sqft)Sold, November 2024: AED 2,800,000 (AED 2,545 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in No. 9 Tower Dubai Marina
100K150K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 120,500; 2023 AED 135,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 145,000New contract, February 2019: AED 150,000 a yearNew contract, July 2020: AED 105,000 a yearRenewal, July 2021: AED 105,000 a yearNew contract, January 2024: AED 165,000 a yearNew contract, January 2024: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in No. 9 Tower Dubai Marina, and where 1603 sits

All 97 2-beds →

1603 last sold in November 2024 at AED 2,545 per sqft, 19% above what two-beds in No. 9 Tower Dubai Marina were fetching at the time (AED 2,136). Over the last 12 months two-beds sold for AED 2,400,000 to 2,800,000, around AED 2,180 per sqft, and rent for AED 60,000 to 260,000 a year. 1603's AED 165,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20262,400,000
18 Aug 20262,600,000
12 May 20262,625,000
5 Jan 20262,450,000
6 2-bed sales in the last 12 months

No. 9 Tower Dubai Marina

Building

216 apartments, 1-bed to 3-bed over 34 floors in Dubai Marina, completed in 2017 by Select Global Development. 12 sold in the last 12 months.

Typical price per sqft
AED 2,452 Down 0.5%
Typical sale
AED 2.28M
Typical rent
AED 130K /yr
Typical yield
5.6%
No. 9 Tower Dubai Marina, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 216 units in No. 9 Tower Dubai Marina
Value
16011-bedAED 1.52M · Jul 2022
16022-bedAED 2.3M · Feb 2023
16041-bedAED 1.54M · Feb 2015
16051-bedAED 1.49M · Feb 2015
16062-bedAED 2.23M · May 2015
16071-bedAED 1.7M · Oct 2024
16081-bedAED 1.13M · Mar 2021

1603, No. 9 Tower Dubai Marina in numbers

  • Sold twice: first on 5 June 2014 for AED 2,539,368, last on 30 November 2024 for AED 2,800,000 (AED 2,545 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 165,000 by January 2024.
  • At AED 165,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 17,000 a year (AED 15.42 per sqft).
  • Two-beds in No. 9 Tower Dubai Marina sold for AED 2,400,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,452 per sqft.

Source: Dubai Land Department. Updated 30 November 2024.

Questions about 1603, No. 9 Tower Dubai Marina

What did unit 1603 last sell for?

AED 2,800,000 on 30 November 2024: AED 2,545 per sqft for 1,100 sqft. The unit has 2 registered sales; the first was AED 2,539,368 in June 2014.

What is the rent for unit 1603?

AED 165,000 a year on the contract signed on 12 January 2024. The previous contract, from January 2024, was AED 165,000; the unit has been rented since February 2019.

How big is unit 1603?

1,100 sqft (102.2 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2017.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in No. 9 Tower Dubai Marina sold for AED 2,400,000 to 2,800,000 in the last 12 months, around AED 2,180 per sqft.

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Mortgage on 1603, No. 9 Tower Dubai Marina

Starts from the last sale price (AED 2.8M, 30 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →